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20131202
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CSPAN 1
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CSPAN
Dec 1, 2013 10:25pm EST
into what happens from a bilateral trade deficit from one quarter to another quarter. deficit me time, the with korea may have increased colombia and th panama also implemented around the same time have gone up dramatically. goes to the g differential growth rates in the various economies. we're can do is make sure reducing the barriers and the exports have a chance to compete field. vel playing >> get closer to home and talk about congress. here was a bit of a backlash that brewed last week about the trade negotiations. have you anticipated the fight ahead in getting everything approved. >> we've been talking to throughout these negotiations. the -- the formal process called trade promotion authority expired in 2007. that's a process every congress 1974 ery president since have worked on together. it's the process where congress what your xecutive negotiating objectives are, how to look with congress in the procedures and the under which congress will approve or disapprove a trade pac when it's done. the consultation procedures of 2007 trade promotion authority expired, we felt boun
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